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Crypto Mining Service Coinhive to Shut Down Operations in March
Cryptomining service Coinhive will discontinue its operations in March 2019, since it has reportedly become economically inviable
дальше »2019-2-28 02:00 | |
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Huobi Closes Australian Office Due To ‘Poor Market Conditions’
Huobi Australia has announced on social media that its office will close as of 26th February 2019. All operations will transfer to Huobi Global headquarters in Singapore. The company blames the closure on “poor market conditions and associated recent staff redundancies. дальше »
2019-2-25 17:00 | |
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5 Years Later, Mt. Gox Victims Still Want to Know: ‘Where’s our Bitcoin?’
It seems like just yesterday when Bitcoin investors were startled by the news that Mt. Gox, one of the world ’s first Bitcoin exchanges, was in serious trouble. Five years ago, on Feb. 24, 2014, reports began circulating that the Bitcoin exchange had lost three-quarters of a million bitcoins. дальше »
2019-2-25 02:45 | |
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Big Banks Money Laundering: UBS Fined $4.2 Billion, Danske Shuts Down in 4 Countries
Money laundering scandals involving some of the world’s largest banks have grown this week. Switzerland’s largest bank, UBS, has been fined 3. 7 billion euros (~$4. 2 billion) for money laundering. дальше »
2019-2-21 18:18 | |
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Bitmain Unveils Its Latest Energy-Efficient Mining Chip for Bitcoin
China-based mining giant Bitmain has announced a new mining rig that uses less power. The hardware mining manufacturer has launched a 7nm application-specific integrated circuit (ASIC) processor dubbed the BM1397. дальше »
2019-2-19 00:53 | |
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Report: Coinbase-Supported Bitcoin Debit Card to Shut Operations in April
The Coinbase-supported Shift BTC debit card is reportedly shutting down in April
дальше »2019-2-18 14:47 | |
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Coinbase’s Partner Shift Payments’ Debit Card Intends to Shut Down Operations in April
It seems that Coinbase partner Shift Card is shutting down its debit card services that allowed users to spend their virtual currencies directly from Coinbase’s account. The service will stop working as soon as April 11. дальше »
2019-2-18 00:58 | |
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QuadrigaCX CEO Widow Sells Estate Assets, Reportedly Places Others in Trust
Jennifer Robertson, the widow of the late QuadrigaCX exchange CEO, appears to be liquidating and shuffling some estate assets. When QuadrigaCX founder and CEO Gerald Cotten passed away suddenly in December of 2018 in India, he was allegedly the only person with the knowledge of the exchange’s cold storage keys. дальше »
2019-2-15 22:06 | |
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UK’s Argo Blockchain to Close Cryptocurrency Mining-as-a-Service (MaaS) Contracts by April
If there’s any sector of the crypto community that has felt the effects of the bitcoin price crash, it is the mining industry, which saw many prominent firms close down and those that have survived thus far have been forced to undergo major operations changes. One of such firms is Argo, a British crypto mining […] дальше »
2019-2-15 20:23 | |
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Bitfinex Temporarily Closes Down Operations, Goes Down for 2 Hours While Crypto Market Surges
Bitfinex Temporarily Closes Down Operations Bitfinex, a cryptocurrency exchange service based in Hong Kong recently announced its temporary closure to all users, regardless of general improvements in the crypto market. дальше »
2019-2-9 21:54 | |
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Can I Trust BitFury’s Peach Lightning With My Data? Maybe
Announced at the end of January, Bitfury’s production-ready suite of Lightning Network products and services, Peach, appears to offer everything a developer, user or merchant could want from a Lightning implementation. дальше »
2019-2-9 23:59 | |
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Can I Trust Bitfury’s Peach Lightning With My Data? Maybe
Announced at the end of January, Bitfury’s production-ready suite of Lightning Network products and services, Peach, appears to offer everything a developer, user or merchant could want from a Lightning implementation. дальше »
2019-2-12 23:59 | |
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New Wrinkle Unfolds Inside the Mt Gox Saga as CoinLab Co-Founder Claims $16 Billion in Rehabilitation Program
A few years ago, Mt. Gox was one of the most powerful and respected crypto exchange companies. However, after suffering a hack, they have closed operations and filed for bankruptcy. However, the process of shutting down operations isn’t always that simple as a number of people, including their former clients, are trying to get their […] дальше »
2019-2-3 19:48 | |
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CoinPulse Informs Users Its Exchange Will Be Under “Indefinite Maintenance,” Effective This Week
CoinPulse Exchange Shuts Down “Indefinitely” The cryptocurrency market has been incredibly damaging to many platforms in the industry, which has led many platforms to bid farewell and shut down their operations. дальше »
2019-2-1 08:38 | |
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Organized Crime: 60% of Cryptocurrency Hacks Carried Out By 2 Groups
According to a new report by Chainalysis, 60 percent of cryptocurrency hacks (over $1 billion) were carried out by just two professional groups. Cryptocurrency Hacks Are a Centralized Affair If you were already disgruntled by claims of market manipulation and centralized mining, you really won’t like this. дальше »
2019-1-30 20:00 | |
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Wall St Exec: Expect More Crypto Exchange Shutdowns and Ragequits
The ongoing “crypto winter” would lead more cryptocurrency exchanges to their deathbeds, predicted Travis Kling. The former Wall Street portfolio manager issued his statement after Kiev-based Liqui, a cryptocurrency exchange, closed down its operations citing illiquidity. дальше »
2019-1-29 16:05 | |
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Crypto Exchanges Begin to Shutdown: Bear Market in Full Force
After miners, it is crypto exchanges that stand before the wrath of a bearish cryptocurrency market. Liqui, a small but a long-running crypto trading company, announced today that it would close down its operations. дальше »
2019-1-28 19:18 | |
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Galaxy Digital Reportedly Raising $250M to Help Firms Survive Crypto Winter
The current market environment has caused several cryptocurrency companies such as exchanges, and miners to cancel growth plans, downsize their operations or even completely shut down. A massive new fund reportedly in the works is designed to help such struggling firms with much-needed finance until the situation improves and they return to profitability. дальше »
2019-1-25 23:41 | |
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BloqLabs Introduces Cryptocurrency Mining Management System
BloqLabs has opened up the beta waitlist for Titan, a fully integrated software suite for managing cryptocurrency mining. The project was introduced by Bloq CEO and co-founder Jeff Garzik onstage during a brief speech at Binance Fair in Singapore in an overview discussion of BloqLabs. дальше »
2019-1-24 20:20 | |
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Bearish Crypto Market Claims Another Victim in Mining Space
The long-running bearish sentiment of cryptocurrency market has claimed another victim. Giga Watt, a US-based Bitcoin mining firm, sent an email to its customers, stating that it has decided to close down operations. дальше »
2019-1-18 18:06 | |
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Mining Closures Reveal Recurring Bitcoin Bear Market Trend
Another bitcoin miner this week shut down its operations, though the news didn’t come as much of a shock. The latest closure, of U. S. -based Giga Watt which went bankrupt last year, follows a trend among large mining operations that stretches back years. дальше »
2019-1-18 09:35 | |
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Bitmain Continues to Downsize Amid Management Restructuring Reports
Chinese crypto mining juggernaut Bitmain has taken a substantial hit in the recent crypto crash, leading to negative consequences for the company on many fronts. Just today, a source has confirmed with Bitcoin Magazine that the company is shutting down its offices in Amsterdam. дальше »
2019-1-15 00:45 | |
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Mongolia Will See At Least 1000 New Bitcoin Miners In 2019
Participants in Mongolia’s Bitcoin mining industry plan to significantly expand the scope of their operations, local media report January 11. Japan’s Ginco Doubles Down On Mongolia The East Asian country, known for its cheap electricity and being home to the world’s northernmost desert, will see one of its miners almost treble in size this year alone, despite the ongoing Bitcoin bear market. дальше »
2019-1-12 05:00 | |
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New Financial Channel Report Details Why 70% of South Korean Crypto Miners Shut Down Operations in 2018
A report released by CCTV—2, the Chinese owned Financial Channel television station indicates that the bear market may have had a significant toll on local miners than initially anticipated. The state-owned broadcaster has just released a report which seeks to document the effects of the 2018 bear market on the local crypto miners. The report […] дальше »
2019-1-4 20:20 | |
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Top Bitcoin Market Analyst Says Bitmain’s Mining Operations Shutdown Will Not Affect the Industry
Bitmain, one of the largest crypto mining companies in the market has been affected by the bear trend in the industry. According to some reports, Bitmain could be shutting down its mining operations. дальше »
2019-1-2 22:25 | |
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Bitmain Reportedly Will Sack More Than Half of Workforce
The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days. дальше »
2018-12-29 21:20 | |
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Crypto Community Leader of CasaHODL Jameson Lopp Thinks Highly of Bitcoin’s 2018 Success
We have several times written that Bitcoin (BTC) and other virtual currencies did not have a good year in terms of market performance. Indeed, Bitcoin lost more than 82% of its value since its all-time high. дальше »
2018-12-24 20:56 | |
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Galaxy Digital Tells Trading Clients Crypto Markets Could Gain Momentum After 5th Rebound Day In Row
Galaxy Digital Tells Clients That Cryptocurrency Markets Could Gain Momentum In 2018, cryptocurrencies have been affected by a very hard bear market. Bitcoin (BTC) and other virtual currencies lost more than 80% of their value. дальше »
2018-12-21 20:42 | |
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Bitcoin Mining 2019 and Beyond: What to Expect from Crypto Miners with a Bear Market Landscape?
During this long bear market that has affected most of the virtual currencies in the space, miners have been severely damaged. Some companies had to close their farms, shut down their operations or just sell their miners. дальше »
2018-12-19 19:57 | |
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What’s Next for Bitcoin Miners in 2019 Amid Lower Price?
The year-long bear market finally forced many Bitcoin miners to capitulate by either scaling down or shuttering their operations. However, with the decrease in difficulty, some of these smaller establishments might want to get back into the business seeing as it is now easier to mine the top-ranked cryptocurrency. дальше »
2018-12-19 04:00 | |
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Decentralized Streaming DApp Livepeer as a Case Study for the Profitability of Generalized Mining
A new report published by the digital asset investment fund, Vision Hill Advisors, is making a case for the financial advantages investment funds can garner when participating in a cryptosystem in the context of generalized mining. дальше »
2018-12-17 12:00 | |
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Stablecoin Project of Basis Confirms that it Is Shutting Down Due to Regulatory Hurdles
Just yesterday, the crypto and investor communities woke up to news that the highly anticipated stablecoin project of Basis was ceasing operations and returning a majority of its funds to investors. дальше »
2018-12-14 18:25 | |
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Confirmed: Basis is shutting down due to regulatory pressure
The United States-based stablecoin project Basis has officially confirmed that it will close operations and refund investors in comments to Bloomberg. The Basis’ CEO Nader Al-Naji said that the decision to close the project was made due to regulatory concerns over a type of token in Basis’ — as well as other algorithmic stablecoins’ — […] дальше »
2018-12-14 11:09 | |
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Bear Market Forces Bitmain to Close Blockchain Development Center in Israel
The downturn of the crypto market has forced Beijing-based Bitcoin mining giant Bitmain to close its blockchain development center in Israel and lay off all of its employees, Israeli business news outlet Globes reported on December 10, 2018. дальше »
2018-12-13 10:45 | |
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Bitmain Shuts Down Research and Development Center in Israel
The ongoing bear market has caused another cryptocurrency company to downsize its operations. Bitmain, the Beijing-headquartered bitcoin mining technology giant, has now begun shutting down its research and development center in Ra’anana, Israel. дальше »
2018-12-10 21:50 | |
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Bitmain Follows Industry Trend, Shutters Operations in Israel
Chinese-based cryptomining firm Bitmain is shutting down the operations of Bitmaintech Israel, its research and development (R&D) center in Ra'anana, Israel, according to reports from local news outlet Globes. дальше »
2018-12-10 20:51 | |
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Bitmain forced to shut down Israel operations due to cryptocurrency bear market
It appears the downturn of the cryptocurrency market is having a ripple effect (pun intended) on the industry. Numerous blockchain businesses have been forced to close down or lay off staff to survive – and the latest one is Bitmain. дальше »
2018-12-10 16:33 | |
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ETCDEV has announced shutdown of its current activities
A leading development firm behind Ethereum Classic (ETC) was shut down on Monday. ETCDev had struggled to raise sufficient funds in order to continue its operations. The company, which had been in operation for two and a half years, said its financing issues partly stemmed from the crypto market downturn. Igor Artamonov, ETCDev’s founder and […] дальше »
2018-12-4 09:44 | |
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Leading Ethereum Classic (ETC) Development Team Shuts Down Operations Due to Funding
In a tweet only hours old, one of the leading teams furthering the development of Ethereum Classic (ETC), threw in the towel citing funding difficulties that made it hard for them to continue operations. дальше »
2018-12-4 02:12 | |
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ETCDev Shuts Down As Crash Destroys Company Finances
The development firm behind Ethereum Classic (ETC) will be shutting down immediately. ETCDev had struggled to raise sufficient funds in order to continue its operations. The company, which had been in operation for two and a half years, said its financing issues partly stemmed from the crypto market downturn. дальше »
2018-12-3 21:23 | |
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$5 Million Lawsuit Against Bitmain Filed in Northern California
A class-action lawsuit for over $5 million has been filed in northern California against Chinese mining giant Bitmain. The company is being accused of utilizing customers’ newly purchased machines to mine cryptocurrency at full power for its own benefit while customers were configuring their equipment. дальше »
2018-11-27 21:38 | |
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Huobi Group Sets Up Communist Party Committee in Beijing
As part of its desire to forge deeper ties with the Chinese government, Huobi Group, the parent company of digital asset platform Huobi, has formed a Communist Party committee in China, according to an announcement by the company. дальше »
2018-11-20 00:18 | |
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Zeniex Crypto Exchange In South Korea Shuts Down After Government Regulators Move In
A South Korean cryptocurrency exchange had to shut down its operations after a recent government crackdown on unauthorized platforms. The cryptocurrency exchange affected is Zeniex and it will be terminating its services after the decision taken by the government. дальше »
2018-11-12 12:33 | |
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BTCC Mining Pool to Shut Down Indefinitely “Due to Business Adjustments”
BTCC, China’s oldest Bitcoin exchange, is shutting down its mining pool, which has been operating for more than four years, the company announced. The firm claims the decision to cease operations indefinitely from November 30 is due to business adjustments. дальше »
2018-11-7 00:00 | |
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BTCC Announces the "Indefinite" Closure of Its Mining Pool
BTCC will be shutting down its mining pool by the end of the month. According to a recent notice made by the Hong Kong-based exchange, BTCC will deactivate its mining pool servers on November 15, 2018, and cease all operations entirely come November 30. дальше »
2018-11-7 21:29 | |
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Hong Kong exchange shuts down cryptocurrency mining pool after 4 years
What was once the second largest cryptocurrency exchange in the world by volume, BTCC, is shutting down its mining pool later this month. The Hong Kong-based exchange issued a notice today (spotted by CoinDesk) stating that it will shutdown its mining pool on November 15, and bring an end to its operations entirely on November 30. дальше »
2018-11-6 16:42 | |
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